Digital Payment Modes

1.Prepaid Cards
2.Debit/RuPay cards
3.USSD
4.Mobile wallets
5.AEPS
6.UPI

Bank Cards

Getting a Bank Card

HOW TO ISSUE A CARD

FROM YOUR ACCOUNT
Approach nearest bank branch
Multiple cards from one
account
PIN issued by bank separately

ACTIVATE YOUR CARD

At your Banks ATM by even
balance checking
At your bank branch by any
transaction

Point of Sale (PoS) & Card steps

BANKS ISSUE VARIOUS

CARDS FOR THEIR
ACCOUNT HOLDERS

USE YOUR CARD TO SHOP

ANYWHERE

PREPAID CARD CAN BE

ISSUED BY ANY BANK
FROM ACCOUNT OR CASH
(FOLLOWING BENEFITS)

Prepaid Cards

At any PoS

Pre-loaded card

Debit cards

At ATM

Equivalent to cash

Credit Cards

Online shopping

Can be recharged several times

Can be used at any PoS, ATM

Unstructured Supplementary Service

Data (USSD) based Mobile Banking
*99# - National Unified USSD Platform (NUUP)

Required for Activation

ACCOUNT IN A BANK

ANY MOBILE PHONE ON GSM

NETWORK; NO INTERNET NEEDED

Can be used for payments upto Rs 5000 per day per customer

Registration

Visit your branch to link

mobile number and bank
account
Can be done at ATM or online also

You will get your Mobile

Money Identifier (MMID)
and Mobile PIN (MPIN)
upon registration

Remember your MMID and

MPIN

New changes being brought to simplify

user experience; no need for separate
MMID

Dial *99#

Welcome to
NUUP
Enter 3 letter for
your Banks short
name or first 4
letters of your
Banks IFSC

Enter your option:

1.
Account Balance
2.
Mini Statement
3.
Send money using MMID
4.
Send money using IFSC
5.
Show MMID
6.
Change MPIN
7.
Generate OTP

Enter Beneficiary mobile

No
(Recheck before send)
Enter beneficiary MMID

Want to transfer Rs. 500 to

beneficiary with mobile number
XXXXXXXXX and MMID
YYYYYYY for Rent (enter your
M-PIN)

Your a/c No.

000xxxxx4567
Debited for
Rs. 500 on
30-11.2016 and
a/c linked to
Mobile XXXXXXX credited (IMPS ref
No XXXX)

Aadhar enabled payment system

(AEPS)

Aadhaar Enabled Payment System (AEPS)

AEPS allows bank-to-bank
transaction at PoS (MicroATM) with
the help of Banking Correspondent
Aadhar enabled Services
Seed your account with your
Aadhaar number

Now do transactions without

remembering any PIN

Balance Enquiry
Cash Withdrawal
Cash Deposit
Aadhaar to Aadhaar
Funds Transfer

Key Steps for AEPS Transaction

GO TO A
MICROATM
OR BANKING
CORRESPOND
ENT

PROVIDE
YOUR BANK
NAME AND
AADHAAR

CHOOSE
WHICH
TRANSACTION
TO DO

PROCESS
COMPLETED

ON
SUCCESSFUL
TRANSACTION
, TAKE THE
PRINT SLIP

PROVIDE
FINGER PRINT
ON SCANNER

MicroATM Transaction

UPI

Requirements for registration on UPI

REQUIREMENTS

AVAILABLE APPS (28 BANK APPS)

Smartphone with internet facility

SBI app, PNB UPI, UPI Collect

(ICICI), Axis Pay, Canara Bank
UPI, UCO UPI, Union Bank UPI,
OBC UPI and 20 other banks

Bank Account details (only for

registration)

UPI Registration Process

DOWNLOAD
ANY BANKS
APP OR 3RD
PARTY APP

CHOOSE
YOUR UNIQUE
ID (AADHAR,
MOBILE NO.)
AS VIRTUAL
PAYMENT
ADDRESS
(VPA)

SELECT YOUR
BANK

REGISTRATIO
N
COMPLETED

SET M-PIN
FOR
VALIDATING
TRANSACTION
S

GIVE
ACCOUNT
DETAILS FOR
FIRST TIME

Registering on UPI

Screenshot taken from http://www.bgr.in/news/unified-payments-interface-heres-how-to-register-send-and-receive-money-using-upi-apps/

Sending Money on UPI

CHOOSE
SEND
MONEY

HIT SEND

ENTER
PAYEES
VIRTUAL
PAYMENT
ADDRESS

ENTER
AMOUNT

CONFIRM THE
DETAILS

WRITE
REMARKS
FOR
TRANSACTION

Sending Money

Screenshot taken from http://www.bgr.in/news/unified-payments-interface-heres-how-to-register-send-and-receive-money-using-upi-apps/

Collecting Money (raise a demand) on UPI

CHOOSE
COLLECT
MONEY

ENTER
PAYERS
VIRTUAL
PAYMENT
ADDRESS

ENTER
AMOUNT

HIT
CONFIRM

WRITE
REMARKS
FOR
TRANSACTION

ENTER WHEN
DO YOU WANT
TO COLLECT

Collecting Money

Screenshot taken from http://www.bgr.in/news/unified-payments-interface-heres-how-to-register-send-and-receive-money-using-upi-apps/

Wallets

What are e-wallets?

Electronic pre-paid payment system, mobile-first

Used in purchasing items on-line with a computer or a
smartphone at a store.
An individual's account is required to be linked to the digital wallet
to load money in it.
Most banks have their e-wallets and some private companies

Using Wallets
Consumer Wallet Limits: Rs.20,000/month for all. Rs.1 lakh/month with KYC
CONSUME
R
DOWNLOA
DS THE
APP ON
SMARTPHO
NE

SIGN UP
USING
MOBILE

LOAD MONEY
USING DEBIT
CARD/CREDIT
CARD OF
NETBANKING

START
USING
WALLET
TO MAKE
PAYMENT
S

Merchant Wallet Limits: Rs.50,000/month with Self Declaration. Rs.1 lakh/month with KYC
SHOPKEEP
ER
/SERVICE
PROVIDER
DOWNLOAD
S THE APP

SIGN UP
USING
MOBILE

SELF
DECLARE
ITSELF AS
A
MERCHANT

START
ACCEPTING
PAYMENT

Basic Requirements to Start Using a Wallet: Bank Account, Smartphone, 2G/3G Connection & A Free Wallet App

Point of Sale
(PoS)

Types of PoS

PHYSICAL POS

MPOS

V-POS

Physical Card Swiping PTSN

with landline / GPRS enabled

Phone connected with external

POS device through jack /
Bluetooth

Virtual E-payment Gateway

Physical PoS

SWIPE A
DEBIT/CREDIT
CARD ON THE POS
MACHINE

ENTER AMOUNT
TO BE PAID AND
PIN

GENERATE
RECEIPT

Installation of Physical PoS Terminal

Open / identify current

account for transactions

Fill in the application form

(online / at the branch)

Identify type of PoS

required (landline / GPRS)

Submit following documents:

Acceptance of MDR by merchant

Execution of Merchant
Establishment Agreement

Proof of business (any one)

Shop & establishment registration certificate
VAT certificate
Sales tax
Proof of address
Photo identity proof of proprietor / partner
Financial details
Bank statement
Income tax return

Mobile PoS

Note: mSwipe is used as an example of MPOS here

V-PoS
No PoS machine required

QR code used for payment to bank account

of merchant

Complete privacy of merchant bank account

Must Do Practices

Register your mobile number at bank for regular information by

SMS for every transaction
Never share your PIN to anyone
Transact at only trusted merchants
While at ATM, ensure no one is looking over your shoulders

Summary
Bank
Account

YES

Smartphone

UPI

Wallets

NO

NonSmartphone

USSD

Aadhaar
Seeded Acc.

Debit Card

Prepaid
Bank card

AEPS

POS
transaction

POS
transaction